Singapore Foreign Exchange Reserves  Forecast


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Foreign Exchange Reserves in Singapore is expected to be 378614.60 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Singapore to stand at 380493.23 in 12 months time. In the long-term, the Singapore Foreign Exchange Reserves is projected to trend around 379385.15 SGD Million in 2020, according to our econometric models.


Singapore Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 1.1 0.75 0.8 0.9 1 1.5
Interbank Rate 0.88 1.25 1.25 1.25 1.21 2
Money Supply M0 41153 40950 40948 40935 40922 40798
Money Supply M1 182005 181330 181547 181569 181517 180702
Money Supply M2 577880 579471 579932 579993 579885 577881
Money Supply M3 589898 592114 592961 593262 593290 591305
Foreign Exchange Reserves 376065 378615 380060 380452 380493 379385
Banks Balance Sheet 1196775 1200000 1210000 1234000 1222786 1410000
Loans to Private Sector 640682 627000 633000 636000 657731 654000
Deposit Interest Rate 0.2 0.3 0.5 0.5 0.47 1
Central Bank Balance Sheet 385575 385000 389229 394234 385548 420000